Sprint and Qualcomm have something else
in mind, but we guess this is one
way to get around the issue: Verizon has apparently lost patience with the ongoing tiff
between Broadcom and Qualcomm that ultimately led to a ban
on the import of some of the latter's 3G chipsets, opting instead to just pay Broadcom to license the affected patents itself. The agreement gives Verizon free reign to import all the 3G silicon it needs in exchange for $6 per handset, capping out at $40 million per quarter with a lifetime max of $200 million (oh, and Verizon promises to stop supporting Qualcomm's efforts to overturn the chip ban, too). Not a bad deal, we'd say, considering the totally critical nature of the chips to Verizon Wireless' core business -- kinda makes Verizon look like the parent and the two chip vendors like irrational, inconsolable toddlers, does it not?
[Via Phone Scoop
*Verizon has acquired AOL, Engadget's parent company. However, Engadget maintains full editorial control, and Verizon will have to pry it from our cold, dead hands.